Cape May Real Estate and Vacation Rentals Coastal Marketing Group | RE/MAX Surfside
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804 Delaware Ave, Villas

Active | $700,000

Description

Great Opportunity to update the current home & possibly build a new one! This corner lot is approx 130' wide frontage on Delaware Ave facing the Bay & 129' depthon Pinetree Dr. According to tax records this 16,770 square foot lot should be suitable for a subdivision or possibly a duplex. It was used as a year-roundsingle family home with a rentable detached cottage (was renting for $1200/week in summer) this property offers an array of options for the next owner. With thepotential to possibly split this lot in two you could update the current home adding a second floor to obtain amazing bay views from the corner lot and build a brandnew single family that could also offer bay views. You may lose the ability to have the rental unit out back & need to take down the screen porch with thesubdivision but I think it will be worth it to create a spectacular new home across from the bay. The home itself has vinyl siding a newer roof (approx. 5 years),natural gas heat, central air, & electric baseboard heat for backup. The spacious living room & large eat-in kitchen create lots of potentials to do some updating &the large footprint of the home may be ideal to add a second floor. Of course, you want to do your due diligence to confirm the structure & potential subdivision. Live in one while you build another or make this a development project. Being sold mostly furnished and in as-is condition.

Features

  • Fenced Yard

  • Porch Screened

  • Eat In Kitchen

  • Laundry/Utility Room

  • Dishwasher

  • Dryer

  • Refrigerator

  • Washer

  • Heat Fuel:Forced Air

  • Heat Fuel:Gas-Natural

  • Basement:Crawl Space

  • None

  • Public Sewer

  • Exterior:Vinyl

Location

 

Broker ReciprocityListing Courtesy of Re/Max Surfside.
© South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Coastal Marketing Group are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing.

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609-884-4242315 Ocean Street, Suite 24, Cape May, NJ 08204
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